Outside Mortgage Loan Officer - NJ

On The Money Talent is honored to be retained by one of the nation’s top 3 retail mortgage lenders with nearly 600 branches across all 50 states.

This impressive client has been recognized as one of America’s fastest-growing private businesses and have received countless awards for their standout culture.

Our client offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K.

We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

Position Overview :

The Outside Loan Originator ( Outside LO ) is responsible for maintaining an NMLS License Required under the S.A.F.E. Act of 2008, originating and processing real estate mortgage loans throughout the state of NJ and surrounding markets.

Job Responsibilities :

• Source mortgage leads.
• Build relationships with real estate agents and other lead sources.
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.
• Market products to individuals and firms, promoting services that may meet customers’ needs.
• Meet with applicants to obtain information for loan applications and answer questions about the process.
• Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Generate complete loan applications with corresponding documentation.
• Improve loan applications and documentation by informing the applicant of additional requirements.
• Help customers by answering questions and responding to requests.
• Handle customer complaints and take appropriate action to resolve them.
• Own the communication with the real estate agent or referral source.
• Confer with processing and underwriting to aid in resolving mortgage application problems.
• Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks;

participating in professional organizations.

• Regularly participate in activities in connection with mortgage sales, including but not limited to attending closings, open houses, and / or conduct seminars / training and other lead-generating activities.
• Mortgage Coaching Available.

Qualifications and Skills :

• Thorough knowledge of all mortgage products and programs.
• NMLS License Required under the S.A.F.E. Act of 2008*.
• Good knowledge of retail product philosophy, policy, underwriting, procedures, documentation, and systems.
• Experience proactively soliciting new business.
• Good analytical skills necessary to evaluate credit requests and determine trends in each marketplace.
• Advanced communication skills and the ability to work with a wide range of constituencies in a diverse community.
• Proficient in standardized software applications, including Microsoft Word, Excel, PowerPoint, and Outlook.
• Encompass Experience, Preferred.
30+ days ago